Finance Metals & Minerals News

Chesterfield to minimise dilutive capital raisings

Chesterfield Resources plc said it had completed the initial round of cost efficiencies to minimise the need for dilutive capital raisings. REDUCTIONS The company previously stated it hoped to source the capital from non-dilutive external sources for the development of its Adeline copper project in Labrador, Canada. Chesterfield today added it expected to reduce “ongoing […]

Metals & Minerals News

Chesterfield deems secondary listing ‘not prudent’

Chesterfield Resources plc has revised its plans for secondary listings on the Toronto Stock Exchange Venture, Frankfurt and the OTC markets for its copper assets. STRATEGY The move is part of the company’s strategy to unlock value for shareholders from its Adeline project in Labrador, Canada and exploration package in Cyprus. In a statement, Chesterfield […]

Metals & Minerals News

Caerus confirms near surface mineralisation at Anglisides

The Caerus Mineral Resources plc and Bezant Resources plc joint venture said drilling results showed near surface copper mineralisation at the Anglisides licence, a satellite of the Troulli gold-copper project in Cyprus. LIFE OF MINE The JV expanded its ten-hole diamond drill programme to 16 holes to test the near surface copper potential for Anglisides and received […]

Metals & Minerals News

Caerus results indicate new Troulli mineralised zone

Caerus Mineral Resources plc said that recent drill results indicated an extension to copper-gold mineralisation at the Troulli project in Cyprus. PLANT DESIGN The company and its joint venture partner Bezant Resources plc received assays for eight out of ten recently completed drillholes. Caerus highlighted hole TRDD030 intersection of high-grade copper – gold mineralisation over a “notable […]

Metals & Minerals News

Caerus-Bezant to expand Troulli copper project

Caerus Mineral Resources plc and its joint venture partner Bezant Resources plc said they planned to expand the Troulli copper project in Cyprus. The project is a strategic hub comprising the Troulli, Anglisides and Kokkinopetra licences. ANGLISIDES Anglisides lies near Troulli and is a potential satellite resource from which ore could be fed into any […]